Portugal - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Portugal - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights

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Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal - 2023

Contents:

  1. Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal (CIF) - 2022
  2. Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal (FOB) - 2022
  3. Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal
  4. Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal (CIF) - 2022

The average import price for toothed wheels, chain sprockets and other transmission elements stood at $10,530 per ton in 2022, with an increase of 10% against the previous year. In general, the import price, however, recorded a deep reduction. Over the period under review, average import prices reached the maximum at $18,570 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($24,859 per ton), while the price for China ($2,379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal (FOB) - 2022

In 2022, the average export price for toothed wheels, chain sprockets and other transmission elements amounted to $18,509 per ton, falling by -8.7% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $22,837 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($37,516 per ton), while the average price for exports to France ($7,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal

In 2022, the amount of toothed wheels, chain sprockets and other transmission elements imported into Portugal declined to 1.9K tons, shrinking by -2.3% compared with 2021. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, imports reached the peak of 2K tons, and then dropped slightly in the following year.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements expanded markedly to $20M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.62.23.15.931.4%
Spain3.74.03.84.02.6%
China1.11.21.42.124.1%
Austria1.21.11.41.32.7%
South Korea2.82.53.11.2-24.6%
Italy1.21.01.40.9-9.1%
France0.80.40.80.80.0%
Others3.42.83.84.16.4%
Total16.815.218.820.36.5%

Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to Portugal in 2022:

  1. China (894.4 tons)
  2. Spain (248.0 tons)
  3. Germany (238.7 tons)
  4. South Korea (166.5 tons)
  5. Austria (108.9 tons)
  6. Italy (90.7 tons)
  7. France (59.7 tons)

Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal

In 2022, overseas shipments of toothed wheels, chain sprockets and other transmission elements were finally on the rise to reach 79 tons after two years of decline. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements soared to $1.5M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain55.087.512729174.3%
United Kingdom11.92.0142229168.0%
Democratic Republic of the CongoN/AN/AN/A2200%
Angola1792461371963.1%
France11438.386.892.4-6.8%
Netherlands57.634.155.773.68.5%
Mozambique19.279.466.832.819.5%
Brazil14.374.756.932.531.5%
United States13065.927.322.9-43.9%
Poland37.811.22.73.1-56.6%
Others2422942912653.1%
Total8609349931,45919.3%

Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from Portugal in 2022:

  1. Spain (22.2 tons)
  2. Democratic Republic of the Congo (14.2 tons)
  3. France (12.5 tons)
  4. Angola (8.3 tons)
  5. United Kingdom (6.1 tons)
  6. Netherlands (4.2 tons)
  7. Brazil (2.2 tons)
  8. Mozambique (1.6 tons)
  9. United States (0.6 tons)
  10. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28153930 - Parts of bearing housings
  • Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints

Country coverage:

  • Portugal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Portugal
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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